1. Guides
  2. Country Guides (A-Z)
  3. Liechtenstein - Foreign Exchange & Currency Guide

Foreign Exchange Guide to Liechtenstein

Latest market mid-rate: 1.0 =

Country Code:
LI
Domestic Currency:
Swiss franc
Symbol - Code:
Fr CHF
Telephone Prefix:
+423

In this guide we review :

  1. Swiss franc info - general info about the Swiss franc
  2. Swiss franc in the markets - recent CHF moves and predictions from the FX markets
  3. Buying Swiss franc cash online - travel money for Liechtenstein
  4. Sending money to Liechtenstein - save on Swiss franc bank transfers to Liechtenstein
  5. Swiss franc exchange rates - latest info & charts.

Swiss franc (CHF) general currency information

The three letter currency code for the Swiss franc is CHF and the symbol is Fr. It is the domestic currency in Switzerland and Liechtenstein.

Contributing to roughly 5% of the foreign exchange market’s daily turnover, the Swiss franc (ISO: CHF) is the world’s seventh most traded currency.

The Swiss franc is traditionally considered Europe’s safe haven currency due to factors including Switzerland’s traditional position as a politically neutral country, its reputation for stability, impressive financial system, historically low inflation and its ability to consistently run a trade surplus. For this reason, the franc is likely to increase in value during periods of economic uncertainty or when global geopolitical risk is elevated, or during bouts of high market volatility.

To prevent unwanted currency appreciation, between September 2011 and January 2015 the franc’s value was pegged to the euro at a rate of Fr. 1.2. When Switzerland’s central bank unexpectedly abandoned the peg in 2015 it caused significant market turmoil.

Since 1995, against the world’s reserve currency, the US dollar, the Swiss franc’s lowest valuation came in October 2000 when CHF/USD traded at just 0.5465. Its post-1995 high came in August 2011 at 1.4152.


Swiss franc (CHF) in the markets

Like most currencies, the Swiss franc has been very strong against the US dollar in recent months. Between November and mid-February (the time of this report), USD/CHF fell more than 8% to 0.92, marking a two-and-a-half-year high in the franc’s buying power.

Against the euro, the franc has come a long way since 2015’s “Francogeddon” – the day on which the Swiss National Bank unexpectedly removed its long-standing cap of 1.2 francs per euro, which triggered a monumental tumble in EUR/CHF.

The franc has depreciated steadily since 2015 to levels back above 1.15 per euro – it is a move that will warm the hearts of those at the SNB – although mid-February’s rate (1.152) is little changed from rates last summer.

For 2018, banks generally expect the franc to weaken against the euro because the ECB is set to act faster on policy normalization than the SNB. Among those forecasting a drop is BNP Paribas. The French bank advised clients in February to short the franc (buy EUR/CHF) with a six-month target of 1.2 francs per euro.

The chart below shows the CHF to USD exchange rate for the previous 3 months with rate alerts for days when the exchange rate moved up or down significantly or for 30 day highs and lows.

Loading CHF/USD Chart
CHF calculator

Liechtenstein Trip Checklist   

  1. Compare CHF travel cash rates - probably why you are here!
  2. Hotel deals - Save on your accomodation in Liechtenstein
  3. Travel insurance - for those unexpected travel adventures...
  4. Lonely Planet - world's best travel guide (coupon and deals)

Travel money for Liechtenstein

Save money and time by Ordering your Swiss franc online from Travelex, you get better rates and can pick up the CHF cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Swiss franc otherwise you may get much worst exchange rates.

Travel Money for Liechtenstein

Compare FrCHF Cash rates


Sending money to Liechtenstein

When sending money to Liechtenstein it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 3 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Swiss franc amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted CHF amount will be transfered to the recipient account you specify in Liechtenstein.

Bank Transfers to Liechtenstein

Compare FrCHF Transfer Rates

By comparing the rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Swiss franc deposited into the recipient bank account in Liechtenstein and less margins and fees kept by the banks!


Swiss franc - exchange rates

Major CHF cross rates
View Full List (A-Z)
1CHF=

Best Exchange Rates - We make it Easy to Compare Exchange Rates & Fees of Banks and Currency Exchange & Payment Providers


Wynyard Green, 4 & 5/11 York St, Sydney NSW 2000

Disclaimer | Copyright | Privacy Statement


DISCLAIMER

Best Exchange Rates is an information only service. By browsing on the website, using our comparison tools or FX provider referral service, you are asking Best Exchange Rates to provide you with information about currency exchange products & services from multiple financial institutions.

We will try to show you a range of products & services in response to your request for information. The search results do not include all providers and may not compare all features relevant to you. In giving you product information we are not making any suggestion or recommendation to you about a particular product.

If you decide to conduct foreign exchange you will deal directly with a financial institution, and not with Best Exchange Rates. Rates and product information should be confirmed with the relevant financial institution, see our terms of use for further details.

Best Exchange Rates may receive fees or other benefits in relation to activity on the Best Exchange Rates website. Best Exchange Rates may receive remuneration for vendor referral links. Please note that the opinions of our authors are their own and do not reflect the opinion of Best Exchange Rates and should not be taken as a reference to buy or sell any financial product.

Read our Full Terms of Service



COPYRIGHT

This website and its contents are the copyright of BEST EXCHANGE RATES PTY LTD © 2009-17. All rights reserved.

Any redistribution or reproduction of part or all of the contents in any form is prohibited other than the following. You may print or download contents to a local hard disk for your personal and non-commercial use only. You may copy some extracts only to individual third parties for their personal use, but only if you acknowledge the website as the source of the material.

You may not, except with our express written permission, distribute or commercially exploit the content. You may not transmit it or store it on any other website or other form of electronic retrieval system.

For more details or request distribution right please contacxt us here.